Life Insurance Company, Bright Grey,
recently revealed that more than 20 million Britons would be unable support
their current lifestyle if their main source of income stopped.
41% of adults surveyed said they would only be able to rely on savings, borrow from friends and family or rely on credit, for up to 6 months in a financial emergency.
Roger Edwards, Proposition Director of Bright Grey, commented: “The fact that over a third of British adults believe they can’t survive financially for longer than half a year even with support from friends, families, loans or available credit, shows just how concerned the nation is about its finances.”
Expressing the importance of protecting your income, Mr Edwards said: “We urge everyone to improve their own personal financial safety net, in preparation for any situation where the main breadwinner finds themselves unable to work. Having proper provision in place means that you and your family can remain financially afloat for years, not months, should you or a loved one become disabled, seriously ill or die.”
If you would like to discuss Protection products further and how you could support yourself and family members, please feel free to contact Ward Williams Financial Services Ltd (Cliff Pocock) on 01932 830664 or email cliff.pocock@wardwilliams.co.uk
41% of adults surveyed said they would only be able to rely on savings, borrow from friends and family or rely on credit, for up to 6 months in a financial emergency.
Roger Edwards, Proposition Director of Bright Grey, commented: “The fact that over a third of British adults believe they can’t survive financially for longer than half a year even with support from friends, families, loans or available credit, shows just how concerned the nation is about its finances.”
Expressing the importance of protecting your income, Mr Edwards said: “We urge everyone to improve their own personal financial safety net, in preparation for any situation where the main breadwinner finds themselves unable to work. Having proper provision in place means that you and your family can remain financially afloat for years, not months, should you or a loved one become disabled, seriously ill or die.”
If you would like to discuss Protection products further and how you could support yourself and family members, please feel free to contact Ward Williams Financial Services Ltd (Cliff Pocock) on 01932 830664 or email cliff.pocock@wardwilliams.co.uk
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